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Automotive News Headlines - Yahoo! News
  • Muscle cars out in force at New York auto show

    The 2015 Dodge Challenger is introduced at the New York International Auto Show in New York, Thursday, April 17, 2014. (AP Photo/Seth Wenig)NEW YORK (AP) — Who says America has lost its muscle?




  • Auto airbag maker Continental named in GM recall suit
    Plaintiffs' lawyers are seeking to draw Continental Automotive Systems US, the maker of airbag systems in recalled General Motors Co vehicles, into litigation over an ignition-switch defect that has been linked to 13 deaths. A lawsuit filed late Wednesday in federal court in California is the first to name Continental, a subsidiary of German automotive supplier Continental AG, in the growing wave of litigation over GM's recall, which has so far encompassed 2.6 million vehicles. Continental made airbag systems for the recalled cars, including sensors that determine if and when the airbags go off in an accident, according to the suit. The case is among dozens of proposed class actions that have been filed by customers accusing GM of concealing its knowledge of the defect for more than a decade, putting plaintiffs at risk of injury and causing them to suffer economic losses on their cars, including lower resale value.

  • Europe's car sales upturn fails to halt price war

    A Peugeot logo is seen on a car which is displayed at PSA Peugeot Citroen headquarters in ParisBy Laurence Frost PARIS (Reuters) - Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but a confidential industry survey shows the pick-up is failing to halt a price war. Registrations rose 10.4 percent in March, the Association of European Carmakers said, rounding off an 8.1 percent gain for the first three months, after six straight years of contraction. "There should be significant concern about artificial growth," said Ernst & Young senior automotive partner Peter Fuss, citing discounts, government incentives and cut-price sales of unused vehicles as 'nearly new'. Ernst & Young was not involved in the market research.




  • GM faced a Cadillac ignition switch issue in 2006

    The General Motors logo is seen outside its headquarters at the Renaissance Center in DetroitBy Paul Lienert and Eric Beech DETROIT/WASHINGTON (Reuters) - General Motors engineers reported accidentally turning off ignition switches in a Cadillac SRX with their knees more than eight years ago, and they ordered a similar fix to a similar problem in smaller, cheaper cars linked to 13 deaths, according to documents from parts maker Delphi Automotive. The documents, provided to U.S. safety regulators, show GM used the same part, from the Cadillac Catera sedan, to make ignition switches more difficult to turn off on the 2007 Cadillac SRX crossover and the 2007 Saturn Ion and Chevrolet Cobalt sedans. The documents are the first indication that GM's luxury Cadillac brand experienced ignition-switch problems similar to those that triggered the recall earlier this year of 2.6 million GM compacts, including the Cobalt and Ion. GM did not immediately respond to requests for clarification.




  • Former Bridgestone exec to plead guilty to price fixing: U.S. Justice Dept

    Pedestrians are reflected in a signboard of Bridgestone Corp. at its headquarters in TokyoA former sales manager for Bridgestone Corp has agreed to plead guilty and serve 18 months in prison for participating in a conspiracy to fix the prices of rubber anti-vibration devices used in automotive suspension systems and engine mounts, the Justice Department said on Wednesday. In a separate action involving Bridgestone on Tuesday, one executive and two other former executives were indicted for conspiracy. Bridgestone itself agreed in February to plead guilty to price-fixing and agreed to pay a $425 million criminal fine. The Justice Department said Yusuke Shimasaki, a former Bridgestone sales manager, agreed to plead guilty to one felony count of fixing the prices of products sold to Toyota Motor Corp , Nissan Motor Co Ltd and Fuji Heavy Industries Ltd , which makes Subaru cars.




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